📌 Two major A-share sectors surge on unusual trading! 600246 hits straight limit-up!
🍖 Qiao Ba says:
Today I saw 600246 hit a straight limit-up, and my first reaction was: is this thing here to “wake up” the market?
I checked—recent real-estate policies for Wantong Development have been a bit of warm breeze, and since its market cap is relatively small, when money moves in, it can surge up fast. But honestly, the real-estate sector right now is more like “give it a little sunshine and it’ll be brilliant”—the sustainability is still a big question.
I don’t really recommend chasing this kind of straight-line limit-up stock. Compared with another real-estate peer, Vanke A, which is much larger in size, its chart is steadier and doesn’t have this sudden burst of momentum. The risk is that the real-estate fundamentals haven’t fundamentally turned around—this type of limit-up can easily open low the next day. If you jump in then, you may end up waiting there.
#600246 #A股